If you are running a business, there’s a chance that this question crosses your mind every single day:

How can I grow my business?

There is a second question here. It might not come to mind as often or as consciously as the first, but it carries just as much importance:

How can my business survive the scaling up process?

Many business owners find out the hard way, which is through PAINFUL mistakes and expensive lessons learned from trial and error. Many more business owners don’t ever get to find out. Millions of people start new ventures, and of those that survive, 96% remain “mice”. Only a few make it out to the other side and continue to scale beyond $10 million, $100 million, or even $1 billion in revenue.

 

The process of scaling a business can be broken down into 4 fundamental decisions:

1. Attracting and keeping the right People;
2. Creating a truly differentiated Strategy;
3. Driving flawless Execution; and
4. Having plenty of Cash to weather the storms.

This roadmap for business growth was developed by Verne Harnish, who is the Founder and CEO of Scaling Up, a global executive education and coaching company with over 200 partners on six continents. For the past three decades, Verne and the Scaling Up Performance Platform has helped the leadership teams of over 70,000 companies scale with a set of tools and techniques that address the 4 decisions of People, Strategy, Execution and Cash.

You can watch Verne deliver an insightful presentation on the topic in this video:

We also have more good news for you about this. For the first time ever, Verne Harnish will be bringing his Scaling Up Master Class to Southeast Asia. This 3-day intensive virtual workshop will be a combination of assessments, learning and coaching to help you and your leadership team manage the chaos that comes with scale.

This event was voted the “Best Business Educational Event” in the Young Presidents' Organization (YPO) and has achieved stellar ratings during previous runs in over 40 other cities worldwide. We’ll bring you more details soon on how to register for the inaugural Southeast Asia run, so watch out for our next email on this!